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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Horgad who wrote (57160)3/10/2015 1:54:47 PM
From: ggersh  Read Replies (1) | Respond to of 71407
 
I think the Gold divergence speaks volumes, but I also believe the oil
markit is correctly priced.....if that's possible.



To: Horgad who wrote (57160)3/10/2015 1:55:05 PM
From: Real Man  Respond to of 71407
 
I think the Yen and the pound had US style QE
devaluation, while the Euro is in process of adjusting
the monetary base 3-fold.

As for oil, I think oil is mispriced currently,
Meaning that 40 is temporary. FWIW, oil was at
$10 when gold was at $300....



To: Horgad who wrote (57160)3/10/2015 2:13:28 PM
From: Real Man  Respond to of 71407
 
Believe it or not the long term gold/oil ratio is 15.5.

Gold spent much of 2000-current decade well below this value,
While in the roaring bubble 90-s decade the ratio was well above 15 around
where it is currently. 15.5 is long term average